ANALYSIS OF THE RUSSIAN ADVERTISING AND MARKETING COMMUNICATION MARKET

Authors

  • Nikolay A. Belyaev Author
  • Irina P. Savelyeva Author
  • Yulia G. Kuzmenko Author
  • Elena Yu. Trofimenko Author

Abstract

The article examines the advertising market as a socio-economic complex that functions in accordance with market laws. The advertising market is the place where advertising producers, advertisers and advertising distributors interact on various issues. This is a separate branch of the economy that provides and satisfies the need of subjects for advertising services. The market is developing very dynamically under the influence of many factors. There are several approaches to its analysis, each of which has a number of features.

The research methods used in the article are contextual analysis, summary, generalization, grouping and analysis of statistical observation materials, analysis of literature and Internet sources, as well as statistics. The conducted research is aimed at describing the current state of the advertising market and its components over the past few years. Based on the study of the data from secondary sources of information, the elements of the market are considered, their quantitative characteristics are given.

Based on the analysis conducted, the main features of the development of advertising and marketing communication market have been highlighted: stable growth, changes in the market structure, digitalization and personalization of marketing communications, as well as overtaking growth of advertising budgets

Author Biographies

  • Nikolay A. Belyaev
    Candidate of Sciences (Economics), Associate Professor at the Department of Management
  • Irina P. Savelyeva
    Doctor of Sciences (Economics), Professor, Director of the School of Economics and Management
  • Yulia G. Kuzmenko
    Doctor of Science (Economics), Professor at the Department of Management
  • Elena Yu. Trofimenko
    Candidate of Sciences (Economics), Associate Professor at the Department of Management

Published

2021-08-24

Issue

Section

Marketing